Dec 17, 2024 16:14 pm UTC| Technicals
SP 500- 6049 (-0.39) Major resistance- 6187 Near-term resistance - 6100 Minor support- 6040/5998/ 5975/5960/5885/5840/5825/5790. Trend reversal level- 5480 The pair holds above short-term...
CAD/JPY Faces Pressure After Soft Canadian CPI: Market Signals and Technical Trends
Dec 17, 2024 16:03 pm UTC| Technicals
CADJPY trades weak after weak Canada CPI. It hit an intraday low of 107.18 and currently trading around 107.27. Canadas CPI Report: Inflation Trends and Economic Outlook The Consumer Price Index (CPI) data for Canada...
Dec 17, 2024 14:59 pm UTC| Technicals
EUR/USD consolidating between 1.04529 and 1.04996 for three days. It hit a low of 1.04787and currently trading around 1.05069. In November 2024, U.S. core retail sales went up by 0.2%, which is lower than the expected...
FxWirePro: USD/ MXN remains bullish as rally continues
Dec 17, 2024 14:45 pm UTC| Technicals
USD/MXN held steady on Tuesday as investors prepared for a slower-than-expected pace of interest rate cuts from the U.S. Federal Reserve. The Fed is expected to cut rates by 25 basis points on Wednesday, but market...
FxWirePro- Major Pair market sentiment (CCI-ADX-EMA setup)(US Session)
Dec 17, 2024 12:45 pm UTC| Technicals
Pair 4-Hour 8-hour Major resistance Major Support Trend...
Dec 17, 2024 12:28 pm UTC| Technicals
EURGBP pared some of its gains after the UK jobs data. Intraday bias remains bearish as long as resistance 0.8380 holds. It hit a high of 0.83270and is currently trading around 0.8300. The IFO Business Climate Index for...